L.T.Elevator IPO vs Neptune Logitek IPO

Comparison between L.T.Elevator IPO and Neptune Logitek IPO.

IPO Details

L.T.Elevator IPO is a SME Fixed Price IPO proposed to list at BSE SME while Neptune Logitek IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of L.T.Elevator IPO is up to ₹37.40 Cr whereas the issue size of the Neptune Logitek IPO is up to ₹44.29 Cr. The final issue price of L.T.Elevator IPO is ₹78.00 per share and of Neptune Logitek IPO is ₹126.00 per share.

 L.T.Elevator IPONeptune Logitek IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹76.00 per share
Issue Price (Upper)₹78.00 per share
Issue Price (Final)₹78.00 per share₹126.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size47,95,200 shares35,15,000 shares
Fresh Issue Size (Amount)up to ₹37.40 Crup to ₹44.29 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,95,200 shares35,15,000 shares
Issue Size Total (Amount)up to ₹37.40 Crup to ₹44.29 Cr

IPO Timetable

L.T.Elevator IPO opens on Sep 12, 2025, while Neptune Logitek IPO opens on Dec 15, 2025. The closing date of L.T.Elevator IPO and Neptune Logitek IPO is Sep 16, 2025, and Dec 17, 2025, respectively.

 L.T.Elevator IPONeptune Logitek IPO
Anchor Bid DateSep 11, 2025
Issue OpenSep 12, 2025Dec 15, 2025
Issue CloseSep 16, 2025Dec 17, 2025
Basis Of Allotment (Tentative)Sep 17, 2025Dec 18, 2025
Initiation of Refunds (Tentative)Sep 18, 2025Dec 19, 2025
Credit of Share (Tentative)Sep 18, 2025Dec 19, 2025
Listing date (Tentative)Sep 19, 2025Dec 22, 2025
Anchor Lockin End date 1Oct 17, 2025
Anchor Lockin End date 2Dec 16, 2025

Financials & KPIs

L.T.Elevator IPO P/E ratio is 12.31, as compared to Neptune Logitek IPO P/E ratio of 13.76.

 L.T.Elevator IPONeptune Logitek IPO
Financials

Company Financials (Restated Consolidated)

L.T.Elevator Ltd.'s revenue increased by 40% and profit after tax (PAT) rose by 182% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets86.9942.7842.68
Total Income56.7440.6334.73
Profit After Tax8.943.171.25
EBITDA15.236.674.05
NET Worth45.4310.747.57
Reserves and Surplus31.776.132.96
Total Borrowing17.3014.0213.64
Amount in ₹ Crore

Company Financials (Restated)

Neptune Logitek Ltd.'s revenue increased by 48% and profit after tax (PAT) rose by 254228% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Aug 202531 Mar 202531 Mar 202431 Mar 2023
Assets122.94119.2595.2474.51
Total Income105.52260.74175.76187.71
Profit After Tax4.029.160.00-0.18
EBITDA9.2621.389.745.55
NET Worth23.9719.9510.7910.79
Reserves and Surplus13.979.959.799.79
Total Borrowing56.4058.0062.4838.20
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.1499.99
Promoter Shareholding (Post-Issue)62.7172.99
P/E Ratio12.3113.76
Market Cap₹149.47 Cr.₹172.62 Cr.
ROE20.52%14.89%
ROCE30.50%21.25%
Debt/Equity0.382.91
EPS₹6.34₹9.16
RoNW19.68%45.89%

Shares Offered

In the L.T.Elevator IPO Retail Individual Investors (RII) are offered 16,78,400 shares while in Neptune Logitek IPO retail investors are offered 16,78,400 shares. Qualified Institutional Buyers (QIB) are offered 9,60,000 shares in L.T.Elevator IPO and 0 shares in Neptune Logitek IPO.

 L.T.Elevator IPONeptune Logitek IPO
Anchor Investor Reservation14,36,800 shares0 shares
Market Maker Reservation2,52,800 shares1,85,000 shares
QIB9,60,000 shares0 shares
NII7,20,000 shares17,57,500 shares
RII16,78,400 shares17,57,500 shares
Employee0 shares0 shares
Others
Total47,95,200 shares35,15,000 shares

Bids Received (Subscription)

L.T.Elevator IPO subscribed 182.95x in total, whereas Neptune Logitek IPO subscribed 1.61x.

 L.T.Elevator IPONeptune Logitek IPO
QIB (times)95.10x
NII (times)356.16x0.32x
Big NII (times)428.35x
Small NII (times)211.79x
RII (times)158.90x2.90x
Employee (times)
Other (times)
Total (times)182.95x1.61x

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